$6,560,000
Colonial Village Apartments
Listing Type: For Sale
Property Type: Multi-Family
Status: Available
CBA ID#: 680841
9220 Pacific Ave
Tacoma, WA 98444

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Commercial Property

Marketing Description:

The Colonial Village Apartments is a forty-one-unit apartment complex, located just north of the intersection of Pacific Avenue and South 94th Street in Tacoma, WA. The complex consists of 15 single story buildings built in 1961 that are comprised of wood framed construction, both pitched composition (7) and pitch torch down (7) roofs with 1 flat torch down roof (common laundry & storage building), T1-11 wood and brick veneer siding/exterior, believed to be mostly copper and PEX plumbing, and copper wiring. The current ownership has made several capital improvements to the property over the past several years. Exterior capex improvements include rebuilding the exterior retaining walls of the property, improved drainage system, replacement of sewer and water lines to the street, installing

Land Features:

  • Lot Size: 94090 SqFt
  • Lot Acreage: 2.16 Acres
  • Zoning: R4L

Building Features:

  • Building Size: 29580 SqFt
  • Number of Floors: 1
  • Cap Rate: 4.41%
  • Year Built: 1961
This Listing Supplied Courtesy of Marcus & Millichap, Inc.
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
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